Hampstead Sold Assets

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PROPERTY INFO

College Park Apartment Homes
Addison, IL

Located just outside of Chicago, IL College Park is a 200-unit development serving families at or below 60% area median income.  Acquired and rehabilitated in 2004 financing included taxable bonds, LIHTC, HOME, Federal Home Loan Bank financing, and 236 Interest Reduction Payments and facilitated a rehabilitation of over $4,330,000 in construction related costs.

TARGETED POPULATION

Multifamily - Low, Very Low, and Very Very Low Income

FINANCING

Bonds, LIHTC, HOME, FHLB, IRP

COMPANY INFO

Hampstead Partners, Inc. & HP Architecture, Inc.